Financial Accounting The Impact on Decision Makers

by Porter, Gary A.; Norton, Curtis L.

• ISBN13: 9780030319686
• ISBN10: 0030319684
• Format: Hardcover
• Copyright: 2000-06-19
• Publisher: South-Western College Pub

Summary

The Fourth Edition of Financial Accounting teaches accounting from both the preparer and user perspective. To lead students to a full understanding of the impact of financial statements on business decision-making, the authors use the financial statements from Winnebago Industries throughout the chapter and end of chapter material. Porter/Norton is unique in that it also uses a competiting company to Winnebago, Monaco Coach, to do comparative financial analysis; this is reflected throughout the text and in end of chapter problems.

Table of Contents

Part I The Accounting Model	2	(208)
Accounting as a Form of Communication	4	(40)
Financial Statements and the Annual Report	44	(48)
Processing Accounting Information	92	(46)
Income Measurement and Accrual Accounting	138	(70)
Accounting Tools: Work Sheets	171	(37)
Part II Accounting For Assets	208	(210)
Merchandise Accounting and Internal Control	210	(50)
Accounting Tools: Internal Control for a Merchandising Company	234	(26)
Inventories and Cost of Goods Sold	260	(52)
Accounting Tools: Inventory Costing Methods with the Use of a Perpetual Inventory System	288	(24)
Cash, Investments, and Receivables	312	(60)
Operating Assets: Property, Plant, and Equipment, Natural Resources, and Intangibles	372	(46)
Part III Accounting for Liabilities and Owners' Equity	418	(162)
Current Liabilities, Contingent Liabilities, and the Time Value of Money	420	(56)
Accounting Tools: Payroll Accounting	452	(24)
Long-Term Liabilities	476	(48)
Accounting Tools: Other Liabilities	502	(22)
Stockholders' Equity	524	(56)
Part IV Additional Topics in Financial Reporting	580
The Statement of Cash Flows	582
Accounting Tools: A Work-Sheet Approach to the Statement of Cash Flows	621
Financial Statement Analysis	650
Index of ``From Concept to Practice'' Assignments	A--1
Glossary	G--1
Company Index	I--1
Subject Index	I--3